Well, the time has come: the State Dept. has ordered banks to freeze funds on deposit that belong to certain Chinese companies doing business with Kim Un's North KOrea. These businesses help propel the feeble NK program aimed at developing ICBM missiles with which the North Koreans can sow fear across the Pacific region. So now it will come with a much higher price to to those operators. Chiefly, that involves those businesses that buy coal, thus giving the regime hard currency to buy missile components.
Names of individuals were also added to the sanctioned entities. THis will have an immediate effect, not only among those individuals, but also among those Communist Party officials who oversee export business in Beijing. Our own Minister of Asian Affairs will have his work cut out for him when he arrives in China next year. He will continue to monitor all changes in American Foreign Policy as Sec. of State Rex Tillerson improves his status as the chief of American policy in the world. He has his hands full.
We'll wait for Beijing's response, which could come sooner rather than later.
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